Plan Ledger DOL Form 5500 · updated monthly

Planet Nine Private Air, LLC401(k)

PLANET NINE PRIVATE AIR, LLC 401(K) PLAN · VAN NUYS, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Planet Nine Private Air, LLC reported $39,522 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $4,624 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.72% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (6,331st of 9,483), and 1,392nd of 2,677 in transportation & warehousing. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,004,392
Participants with balances154
Active participants100
Employer contributions$462,378
Employee contributions$1,030,058
Employer contribution per active participant$4,624
Average account balance$45,483
Benefits paid to participants$1,139,487
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.0M · 154 accts · $462K emplr
2023$5.8M · 156 accts · $606K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,522
Total administrative$39,522
The Planet Nine Private Air, LLC 401(k) match · 2024
Employer contribution per active participant$4,624
Median for plans this size$1,313
2024$4,624 per active participant
2023$4,388 per active participant

Planet Nine Private Air, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PCS RETIREMENT, LLC · Claims processing · Contract administrator$24,312
JOHN HANCOCK · Contract administrator$5,980
RMR WEALTH BUILDERS, INC.$13,455

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$39,522 · 0.62%
2023$34,105 · 0.72%
Same employer
Similar plansTransportation & Warehousing · California
Unipac Shipping Inc. CA$7.5M · 0.59%
Skyryse CA$7.4M · 0.01%
Next Trucking, Inc. CA$7.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823674401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.